Bill Ackman portfolio: what Pershing Square Capital Management holds
Bill Ackman founded Pershing Square in 2004. He holds a small number of large convictions and publicly pushes for changes in the management of the companies he invests in.
Stock portfolio value
$13.7B
Stock positions
11
Report date
31 March 2026
Filed
15 May 2026
Largest positions
| # | Company | Weight | Value | Last quarter |
|---|---|---|---|---|
| 1 | Brookfield CorpBN | 17.6% | $2.4B | Trimmed -3% |
| 2 | Amazon Com IncAMZN | 17.4% | $2.4B | Added +19% |
| 3 | Uber Technologies IncUBER | 15.7% | $2.2B | Trimmed -1% |
| 4 | Microsoft CorpMSFT | 15.3% | $2.1B | New |
| 5 | Restaurant Brands Intl IncQSR | 12.2% | $1.7B | Trimmed -1% |
| 6 | Meta Platforms IncMETA | 11.1% | $1.5B | — |
| 7 | Howard Hughes Holdings IncHHH | 8.7% | $1.2B | — |
| 8 | Seaport Entmt Group IncSEG | 0.8% | $107.9M | — |
| 9 | Alphabet Inc (Cap Stk Cl C)GOOG | 0.7% | $89.4M | Trimmed -95% |
| 10 | Hertz Global Hldgs IncHTZ | 0.5% | $70.3M | — |
| 11 | Alphabet Inc (Cap Stk Cl A)GOOGL | 0.1% | $9.3M | Trimmed -95% |
New positions last quarter
- Microsoft Corp$2.1B
Positions sold
- Hilton Worldwide Hldgs Inc$870.0M
Source: SEC filing. Values count stock positions only; options are left out of the totals and tables.
About Bill Ackman
- In 2012 he announced a billion-dollar short position against Herbalife, which led to a public duel with Carl Icahn.
- In spring 2020 the fund hedged against a market fall and turned tens of millions of dollars into billions.
- Pershing Square Holdings is listed on a European exchange and is seen by investors as an accessible way to own his portfolio.
- He likes to present his investment theses in detail and in public, often in long presentations.
How to use this page
A 13F filing shows what a manager held on the last day of a quarter, published up to 45 days later. It is a snapshot, not a trading signal: the manager may already have bought or sold since. Learn more in How to read 13F filings.
For information only, not investment advice. 13F filings are delayed by up to 45 days and do not show cash, bonds, short positions or non-US stocks.